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At a restaurant do you order what you know is great, or do you try something new? Do you make what you know will sell or try something new? Do you keep dating new folks or try to commit to someone you already met? The optimal balance for exploring new things vs exploiting them once found is: 1/3. Spend 1/3 of your time on exploring and 2/3 time on deepening. It is harder to devote time to exploring as you age because it seems unproductive, but aim for 1/3.
任何一个有智力的笨蛋都可以把事情搞得更大,更复杂,也更激烈。往相反的方向前进则需要天份,以及很大的勇气。
过去是一个陌生的国度;那里的人做事方式不同。
All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out.
活着是世上最稀有的事情。大多数人只是存在而已。
生存不是无所畏惧。它是关于做出决定,继续前进并去做,因为你必须这样做。